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A newcomer to oil finds that old deals with foreign friends gum up the works

The standoff between President Fradique de Menezes and oil interests in Nigeria, Norway and the United States blocks development of São Tomé e Príncipe's offshore zone, which may hold billions of barrels of oil (AC Vol 43 Nos 14 & 21). Uncertainty over oil is stirring the waters: Fradique dissolved parliament on 21 January after vetoing a parliamentary constitutional proposal to curb presidential powers, including the right to negotiate oil deals....

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Keywords:

Fradique de Menezes, Nigeria, Norway, United States, Delfim Neves, Britain, German, South African, Chris Hellinger, Angola, Olusegun Obasanjo, Miguel Trovoada, Emeka Offor, Sani Abacha, Chude Mba, Greg Craig, Cuban, Elian Gonzalez, Bill Clinton, Monica Lewinsky, Joseph P. Kennedy, George W. Bush, Walter Kansteiner, Carlton Fulford, José Eduardo dos Santos, Mello Xavier, António Mosquito, Rilwanu Lukman, José Leitão, Portuguese, Mozambique, Manuel Pinto da Costa, Henrique Costa, Maria das Neves, Fernando Danqua, Rafael Branco, Patrice, Movimento Democrático das Forças da Mudança, Movimento de Defesa de Fradique de Menezes, Partido de Convergência Democrática, Acção Democrática Independente, Uê-Kedadji, Movimento de Libertação de São Tomé e Príncipe-Partido Social Democrata, protégé